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Listed by Atsuko Yube • Global Estate Link
$ 3,890,000
Est. payment /mo
New
1247 11th ST Santa Monica, CA 90401
3 Beds
2 Baths
7,547 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,547 sqft
Price per Sqft $515
MLS Listing ID ML82026717
Style Art Deco
Bedrooms 3
Full Baths 2
Year Built 1955
Lot Size 7,480 Sqft
Property Sub-Type Five or More Units
Property Description
**Fully Stabilized Santa Monica Asset** 100% occupied with near-market rents and strong, reliable cash flow. Recently upgraded with modern interiors and **in-unit laundry in most units**, attracting high-quality tenants. **Prime Santa Monica location** just minutes from the **famous beach and boardwalk**, surrounded by top retail, schools, and major employment hubs. Features a desirable **unit mix** of (8) one-bed/one-bath and (1) two-bed/one-bath units, all **separately metered** for gas and electric. Includes **11 dedicated parking spaces**a rare amenity in Santa Monica.
Location
State CA
County Los Angeles
Zoning SMR3*
Interior
Heating Electric
Cooling Multi-Zone
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Others
Tax ID 4282-006-017
Security Features None
Special Listing Condition Not Applicable
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